Fitch Flags 9.4% GDP Deficit Projection, Widening Fiscal Gap

Fitch warns of a projected 9.4% of GDP deficit for next year, while the government's 2026 estimate has been revised up to 7.2% from 5.3%, still below Fitch's 6.8% prior estimate. The widening fiscal gap signals deteriorating public finances and potential credit rating pressure, increasing sovereign risk and market uncertainty.